Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 1/6 |
Past Performance | 4/6 |
Financial Health | 3/6 |
Dividends | 0/6 |
SSG Stock Overview
Self Storage Group ASA engages in the rental of self-storage units to private individuals and businesses in Norway, Sweden, and Denmark.
Self Storage Group Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | kr30.70 |
52 Week High | kr37.60 |
52 Week Low | kr26.00 |
Beta | 0.81 |
1 Month Change | 0% |
3 Month Change | -5.83% |
1 Year Change | 12.45% |
3 Year Change | 51.98% |
5 Year Change | n/a |
Change since IPO | 125.74% |
Recent News & Updates
Shareholder Returns
SSG | NO Commercial Services | NO Market | |
---|---|---|---|
7D | 7.7% | 4.1% | -3.4% |
1Y | 12.5% | -30.7% | 3.2% |
Return vs Industry: SSG exceeded the Norwegian Commercial Services industry which returned -32.2% over the past year.
Return vs Market: SSG exceeded the Norwegian Market which returned 3.4% over the past year.
Price Volatility
SSG volatility | |
---|---|
SSG Average Weekly Movement | 5.4% |
Commercial Services Industry Average Movement | 8.0% |
Market Average Movement | 7.2% |
10% most volatile stocks in NO Market | 12.8% |
10% least volatile stocks in NO Market | 3.9% |
Stable Share Price: SSG is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SSG's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1993 | 67 | Fabian Søbak | https://www.selfstoragegroup.no |
Self Storage Group ASA engages in the rental of self-storage units to private individuals and businesses in Norway, Sweden, and Denmark. The company operates through OK Minilager, City Self-Storage, and Property segments. It operates climate controlled storage units and container based storage units.
Self Storage Group Fundamentals Summary
SSG fundamental statistics | |
---|---|
Market Cap | kr2.91b |
Earnings (TTM) | kr351.52m |
Revenue (TTM) | kr361.35m |
8.3x
P/E Ratio8.0x
P/S RatioIs SSG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
SSG income statement (TTM) | |
---|---|
Revenue | kr361.35m |
Cost of Revenue | kr88.99m |
Gross Profit | kr272.36m |
Other Expenses | -kr79.16m |
Earnings | kr351.52m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 17, 2022
Earnings per share (EPS) | 3.71 |
Gross Margin | 75.37% |
Net Profit Margin | 97.28% |
Debt/Equity Ratio | 50.6% |
How did SSG perform over the long term?
See historical performance and comparisonValuation
Is SSG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SSG?
Other financial metrics that can be useful for relative valuation.
What is SSG's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | kr2.91b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 11.5x |
Enterprise Value/EBITDA | 19.9x |
PEG Ratio | -0.2x |
Price to Earnings Ratio vs Peers
How does SSG's PE Ratio compare to its peers?
SSG PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 1726.2x |
Price-To-Earnings vs Peers: SSG is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (1726.2x).
Price to Earnings Ratio vs Industry
How does SSG's PE Ratio compare vs other companies in the Commercial Services Industry?
Price-To-Earnings vs Industry: SSG is good value based on its Price-To-Earnings Ratio (8.3x) compared to the European Commercial Services industry average (15.2x)
Price to Earnings Ratio vs Fair Ratio
What is SSG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 8.3x |
Fair PE Ratio | 5.8x |
Price-To-Earnings vs Fair Ratio: SSG is expensive based on its Price-To-Earnings Ratio (8.3x) compared to the estimated Fair Price-To-Earnings Ratio (5.8x).
Share Price vs Fair Value
What is the Fair Price of SSG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SSG (NOK30.7) is trading above our estimate of fair value (NOK5.44)
Significantly Below Fair Value: SSG is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: SSG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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Future Growth
How is Self Storage Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-40.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSG's earnings are forecast to decline over the next 3 years (-40.4% per year).
Earnings vs Market: SSG's earnings are forecast to decline over the next 3 years (-40.4% per year).
High Growth Earnings: SSG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SSG's revenue (8.5% per year) is forecast to grow faster than the Norwegian market (0.2% per year).
High Growth Revenue: SSG's revenue (8.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SSG's Return on Equity is forecast to be low in 3 years time (5.6%).
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Past Performance
How has Self Storage Group performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
41.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSG has a large one-off gain of NOK259.0M impacting its March 31 2022 financial results.
Growing Profit Margin: SSG's current net profit margins (97.3%) are higher than last year (47.5%).
Past Earnings Growth Analysis
Earnings Trend: SSG's earnings have grown significantly by 41.5% per year over the past 5 years.
Accelerating Growth: SSG's earnings growth over the past year (147.1%) exceeds its 5-year average (41.5% per year).
Earnings vs Industry: SSG earnings growth over the past year (147.1%) exceeded the Commercial Services industry 39.1%.
Return on Equity
High ROE: SSG's Return on Equity (19.1%) is considered low.
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Financial Health
How is Self Storage Group's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SSG's short term assets (NOK196.9M) exceed its short term liabilities (NOK170.7M).
Long Term Liabilities: SSG's short term assets (NOK196.9M) do not cover its long term liabilities (NOK1.5B).
Debt to Equity History and Analysis
Debt Level: SSG's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: SSG's debt to equity ratio has reduced from 72.4% to 50.6% over the past 5 years.
Debt Coverage: SSG's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: SSG's interest payments on its debt are well covered by EBIT (14.9x coverage).
Balance Sheet
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Dividend
What is Self Storage Group current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.76%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SSG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SSG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SSG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SSG's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SSG has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Fabian Søbak
6.42yrs
Tenure
kr855,000
Compensation
Mr. Fabian Emil Søbak has been the Chief Executive Officer at Self Storage Group ASA since 2016. Mr. Søbak co-founded OK Minilager AS together with his father, Gustav Søbak, in 2009. Since then, he has hel...
CEO Compensation Analysis
Compensation vs Market: Fabian's total compensation ($USD86.64K) is below average for companies of similar size in the Norwegian market ($USD526.81K).
Compensation vs Earnings: Fabian's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: SSG's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: SSG's board of directors are considered experienced (4.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.3%.
Top Shareholders
Company Information
Self Storage Group ASA's employee growth, exchange listings and data sources
Key Information
- Name: Self Storage Group ASA
- Ticker: SSG
- Exchange: OB
- Founded: 1993
- Industry: Diversified Support Services
- Sector: Commercial Services
- Implied Market Cap: kr2.907b
- Shares outstanding: 94.68m
- Website: https://www.selfstoragegroup.no
Number of Employees
Location
- Self Storage Group ASA
- Karenslyst Allé 2
- Oslo
- Oslo
- 278
- Norway
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/24 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.